A sponsor is a key component to successfully recovering from alcoholism or drug addiction through the 12-step program. Your sponsor is the sympathetic support person with whom you can share anything in relation to your recovery process, no matter how embarrassing. Your sponsor is the person who will take you through the 12 steps of Alcoholics Anonymous (AA) or Narcotic Anonymous (NA).
by mennäperille December 19, 2019
Get the Sponsor mug.Ads that have adapted to adblockers, and became "real" stories about saving 15 percent or more on car insurance. Also the 265th episode of South Park.
I just want to watch the news, but then I'm looking at an ad. I try to click the x, but it turns out its a link for the top ten worst celebrity plastic surgeries ever. So as I'm looking through it I get another ad leading to a slideshow on money making hacks even though it isn't even a hack, leading me to another ad, but I just want to know about the presidential campaign, but when I try to go back it turns out its a link to some sponsored content about Geico. And then the cycle repeats.
by aQUAT1C January 28, 2016
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Noun: A person who helps another person by voluntarily providing money and services in hopes that one day some love will be reciprocated for the services. Usually women have sponsors.
by Kat E. May 21, 2006
Get the sponsor mug.an individual who pays for your food, your clothing, your vacations, your extxra curricular activties and alcohol. Also provides transportation.
by Spackle April 3, 2007
Get the Sponsor mug.An experienced or senior facebooker who guides or explains how to do stuff on facebook that the rest of us can't figure out on our own.
"I couldn't figure out how to post those three pix in a row on my wall, so I had to ask my Facebook Sponsor. He got me straightened out, but he totally lost me when he started facebook preaching."
by Ando Indigo October 1, 2009
Get the Facebook Sponsor mug.Tag Sponsor is a girl on Instagram, who is trying to look decent but is actually a high end prostitute and has been caught falling for a deal made by a guy to pay for sex. She usually accepts 20k for a weekend and says she will do extra stuff like golden shower or corpophilia (disgusting) for extra. Some women have even agreed to go with a 13 year old for extra (terrible). The screen shots of the conversation have been uploaded online to Tag Sponsors website
by Frank467 May 5, 2017
Get the Tag Sponsor mug.(FINANCE) an initial public offering of stock in a company by a private equity fund that already owns it.
ILLUSTRATION
Suppose we have a company, HCA, that currently a publicly traded corporation. Now, some people with a lot of money arrange to borrow even more money, buy ALL the stock in HCA, and then turn it into a private corporation. All of the shares of stock are withdrawn and the company no longer has to publish its financial data with the SEC.
In theory, the new ownership can totally restructure the management; invest in new assets; divest old assets; retrain staff; or otherwise refurbish HCA so it does its job better and more cheaply. After doing this, it sells the new HCA to the public for much more than it paid for it, and everyone comes out a winner.
In practice, PE fund raids HCA to the tune of $2.5 billion and saddles it with the gigantic finance costs of its own LBO. Investors think they're buying a set percentage of HCA when they buy shares, but they're really just extending the process of vacuuming cash from the pockets of investors.
ILLUSTRATION
Suppose we have a company, HCA, that currently a publicly traded corporation. Now, some people with a lot of money arrange to borrow even more money, buy ALL the stock in HCA, and then turn it into a private corporation. All of the shares of stock are withdrawn and the company no longer has to publish its financial data with the SEC.
In theory, the new ownership can totally restructure the management; invest in new assets; divest old assets; retrain staff; or otherwise refurbish HCA so it does its job better and more cheaply. After doing this, it sells the new HCA to the public for much more than it paid for it, and everyone comes out a winner.
In practice, PE fund raids HCA to the tune of $2.5 billion and saddles it with the gigantic finance costs of its own LBO. Investors think they're buying a set percentage of HCA when they buy shares, but they're really just extending the process of vacuuming cash from the pockets of investors.
MIKE: So I hear that KKR and Bain Capital are selling HCA back to the public. A new IPO, huh?
MARGARET: Avoid it. Ordinary IPO's by companies going public for the first time are doing much better.
MIKE: But that's crazy! It's a sponsored IPO! By KKR and Bain Capital! It's got to be good! They'll still own most of HCA afterward, so they'll do what it takes to make sure the price stays high.
MARGARET: No, they don't care what the share price does so long as they get your money out of you. In the meantime, they've looted the company in the most inefficient way possible: using an LBO financed with junk bonds.
MIKE: Ouch, I guess my head is glad I talked to you about it but my heart is a greasy stain in the pavement.
MARGARET: Avoid it. Ordinary IPO's by companies going public for the first time are doing much better.
MIKE: But that's crazy! It's a sponsored IPO! By KKR and Bain Capital! It's got to be good! They'll still own most of HCA afterward, so they'll do what it takes to make sure the price stays high.
MARGARET: No, they don't care what the share price does so long as they get your money out of you. In the meantime, they've looted the company in the most inefficient way possible: using an LBO financed with junk bonds.
MIKE: Ouch, I guess my head is glad I talked to you about it but my heart is a greasy stain in the pavement.
by Sorry, the good guys lost September 2, 2010
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